DSW Capital (LON:DSW) Trading Down 0.8% – Here’s Why

DSW Capital plc (LON:DSW)’s stock price dropped 0.8% during mid-day trading on Thursday . The stock traded as low as GBX 62 ($0.77) and last traded at GBX 62 ($0.77). Approximately 20,369 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 40,830 shares. The stock had previously closed at GBX 62.50 ($0.78).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of DSW Capital in a research note on Tuesday, November 26th.

DSW Capital Stock Performance

The company has a quick ratio of 8.99, a current ratio of 7.09 and a debt-to-equity ratio of 4.89. The firm has a market capitalization of £13.71 million, a PE ratio of -4,700.00 and a beta of 0.22. The business’s fifty day moving average price is GBX 66.19 and its 200 day moving average price is GBX 61.79.

DSW Capital (LON:DSW) last issued its quarterly earnings results on Monday, November 25th. The company reported GBX 0.60 ($0.01) earnings per share for the quarter. DSW Capital had a return on equity of 1.09% and a net margin of 3.64%.

DSW Capital Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, December 12th were paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date was Thursday, December 12th. This represents a yield of 1.45%. This is an increase from DSW Capital’s previous dividend of $0.75.

Insider Activity

In other news, insider James A. T. Dow acquired 508,700 shares of DSW Capital stock in a transaction dated Tuesday, December 10th. The shares were acquired at an average cost of GBX 67 ($0.84) per share, with a total value of £340,829 ($425,557.50). Corporate insiders own 75.53% of the company’s stock.

About DSW Capital

DSW Capital, owner of the Dow Schofield Watts brand, is a profitable, mid-market, challenger professional services network with a cash generative business model and scalable platform for growth. Originally established in 2002, by three KPMG alumni, DSW is one of the first platform models disrupting the traditional model of accounting professional services firms.